Government

The Price of Going Left

A few decades ago, developing countries were either one-party
socialist states, absolute monarchies, or military juntas,
and so were not privy to the planned chaos of elections. But
with the spread of democracy, these countries now regularly
enjoy the drama and disruption of voting. Multinational corporations
(MNCs) not only watch these elections closely, but
also plan their foreign investments according to the elections’
projected outcomes, finds Paul Vaaler, a professor of
international...

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